Tag: Czech Republic

Sale of cigarettes to end in Ceska posta branches this year

Czech postal services operator Ceska posta will stop selling cigarettes in all of its branches at the end of this year, even earlier in branches where the contract allows it, Klara Volna of the IT Ministry responsible for Ceska Posta told CTK yesterday. Ceska posta spokesman Ladislav Vancura would not comment at the present time.

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DPD CZ raised its proceeds by one-quarter

DPD Czech Republic, post firm, increased the number of its delivered piece parcels by 18 percent to CEK 4 mil pieces in 2004 compared to 2003. The proceeds of DPD CZ, which is a branch of the international group GeoPost, increased by 23 percent in 2004 compared to 2003. Besides, DPD CZ increased the number of international parcels by more than 300 percent during the same period. The growth of the firm’s proceeds was influenced mainly the entrance of the Czech Republic to the EU in 2004 and the cancellation of the compulsory customs clearence.

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Ceska Posta monopoly to be reduced to 50-gram letters next year

Ceska posta, the Czech Post Office, will see its monopoly position reduced next year and while now it is the sole company to deliver mail weighing less than 100 grams, next year it will be only letters up to 50 grams, the IT Ministry told CTK today. As for the price, now it can charge 3-times the current price, which will be cut to 2.5-times that price. Mail weighing 50 to 100 grams now make up less than 2 pct of some 700 million letters delivered annually at the moment. Ceska posta estimates that due to the market liberalisation it would lose half of them at the most, which would cause it a loss worth several dozens of millions of crowns. “Of course, there will be a fall, but it will not be too big,” Vancura said.

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GLS group expands European footprint

GLS, the Royal Mail-owned international parcels group, has strengthened its European network with several financial investments and expansion moves. In the Czech Republic, it launched a start-up subsidiary on 1 April and will invest EUR 2m in the new company, including EUR 0.6m in the first year. In Poland, the group has bought 100% control of GLS Poland in which it previously held 25.1% and plans a system partnership with the previous majority shareholder, the Raben Group. In Spain, GLS is expanding through its own network and a new partnership. Barcelona-based subsidiary Extand Sistema was renamed GLS Spain in March. At the same time, the group is now co-operating with Chronoexpress, a subsidiary of the Spanish post office Correos.

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TNT Express in Czech Republic raises sales, profit in 2004

Czech express delivery service TNT Express increased sales by 30.8 per cent to EUR17.7m (some Kc532m) last year, CEO for the Czech Republic Petr Chvatal told a news conference today. Gross profit went up by almost 62 per cent to EUR3.3m (some Kc100m), Chvatal said. The company expects sales to increase to EUR20m (Kc600m) and profit to EUR4m (Kc120m) this year. Sales on the entire Czech express delivery market amount to an estimated Kc4bn. Around 1.5 million consignments are dispatched annually, with the market growing by around ten per cent a year, Chvatal said.

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